Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable

[Artful Dodger]

If this closes at 699.90 I am going to make @Krugerrand eat @Artful Dodger hat.

Lol, nope! But it DID close within 3 dimes of the Upper-BB ( Go figure. Hah!)

Cheers!

P.S. No worries: it's the slopes of those curves that matter, and their all headed up today.

 

[Green Pete]

Absolutely floored by this announcement. Demand will be so huge. China delivery predictions anyone? 200k+?

I realize I could be misunderstanding but a 30% price drop implies that the profit margin in Q4 for MIC model 3 was like 40-50% doesn’t it? Doesn’t that bode incredibly well for Q4 earnings?

Edit: to some extent I’m sure this is due to China labor cost. But I imagine some of it is due to line design improvements to the manufacturing process which bodes really well for Berlin and Austin too

 

[MP3Mike]

I realize I could be misunderstanding but a 30% price drop implies that the profit margin in Q4 for MIC model 3 was like 40-50% doesn’t it? Doesn’t that bode incredibly well for Q4 earnings?

This has nothing to do with the MiC Model 3. The prices for the MiC Model Y, that hasn't started shipping yet, have been reduced.

 

[SOULPEDL]

Happy new year people!
Let's do this again.

 

[Green Pete]

We

This has nothing to do with the MiC Model 3. The prices for the MiC Model Y, that hasn't started shipping yet, have been reduced.

Well... apparently I am not the best at reading. Thank you for clearing that up. I somehow saw two price reductions and just assumed 1 was for Y and 1 for 3.

 

[UnknownSoldier]

I will be CEO of Tesla and SpaceX before Apple ships a car

X Æ A-Xii is that you??

 

[mulder1231]

Wishing all TMC’ers a happy and prosperous new year

 

[Artful Dodger]

Tesla could have one of these robots stationed at each supercharger location to plug/unplug the robo-taxis and clean the FSD sensors. What a future!

Throw in Tesla's HDW4 self-learning AI chip, robotic vision, and call it the T-101...

Cheers!

 

[Mo City]

Does this mean (1) Dojo launches sooner in 2021 than he previously indicated, (2) Dojo's launch will cause a near-instantaneous, radical improvement in FSD or (3) Dojo isn't necessary for Level 5?

I love the confidence. Using the term "Level 5" leaves no room for misunderstanding.

The answer is (3): Dojo is not necessary for Level 5.

 

[Mike Smith]

Absolutely floored by this announcement. Demand will be so huge. China delivery predictions anyone? 200k+?

This isn't really a surprise - Model Ys have been sitting in rows in the Shanghai parking lot for weeks now. Would be kind of weird not to deliver them.

And on that note .. WOW, look at the Shanghai parking lot! Packed to the gills! Q1 might not be so 'seasonally weak' this year!

Special thanks to WU WA for his always excellent coverage of Tesla Shanghai!

 

[MC3OZ]

We


Well... apparently I am not the best at reading. Thank you for clearing that up. I somehow saw two price reductions and just assumed 1 was for Y and 1 for 3.

Possibly the original higher price for a Model Y wasn't a real price, it was just a placeholder.

However the revised pricing for the MIC Y looks very competitive..

Tesla Lowers Made In China Model 3 Prices, Increases Range.

Model 3
Standard Range Plus RWD (MIC): *249,900 yuan ($36,803)
Long Range RWD (MIC): 309,900 yuan ($45,639)
Performance, Long Range AWD (MIC): *419,800 yuan ($61,823)?
Model Y
Long Range AWD (MIC): 339,900 yuan
Performance 369,000 Yuan

Looking at this I have a hunch the price of the Model 3 Performance might also have dropped.

 

[kanweg]

There is still another ~hour of after-hours trading that you can monitor.

There are so many people contributing to cater to the needs of the Tesla community, inside TMC and outside. Perhaps I should start a service where I provide ticker re-runs of previous trading days. Yesterday and inclusion day will be available to patreons only. It might compete with Netflix.

best wishes 4 20 twentyone

 

[MarcoRP]

Happy new year!!

New thread time or does it get moved to 2021?

 

[Artful Dodger]

Up 680% for the year! Even without the 5:1 stock split, it would have been an awesome year for Tesla.

TSLA Closing SP on Dec 31, 2019 was $418.33 (pre-split). Today's Close was $705.67 * 5 (pre-split).

That means TSLA's Share Price is +743% in 2020.

TSLA's increase in Market Cap is something else again, due to the increased number of shares:

$674.52B* / $75.40B = +795% TSLA Mkt Cap gain in 2020

Cheers!

*Est'd Mkt Cap including ~8M shares issued on Dec 11, 2020

 

[Bet TSLA]

People will believe anything. No price was lowered. No price was cut. All that happened was that Tesla announced the MIC Model Y prices. They are what they are. They never were anything else because none had been delivered.

 

[Bet TSLA]

TSLA Closing SP on Dec 31, 2019 was $418.33 (pre-split). Today's Close was $705.67 * 5 (pre-split).

That means TSLA's Share Price is +743% in 2020.

TSLA's increase in Market Cap is something else again, due to the increased number of shares:

$674.52B* / $75.40B = +795% TSLA Mkt Cap gain in 2020

Wow! Look at how the shareholders have been screwed by all that dilution!

 

[Nuclear Fusion]

Those Model Y prices are going to hit Li Auto, Xpeng & Nio hard

 

[Right_Said_Fred]

Read the additional comments by the guy. The original price of the Y was designed to not osbourne the Model 3 as it was priced way higher than anywhere else in the world. People were expecting a price revision. Now it's inline and actually 2k more than US pricing.

This is good news for Europeans waiting for a Model Y from Berlin. The price on Tesla’s website is pretty steep right now and it doesn’t represent the savings in import taxes (10%), transcontinental shipping costs and production efficiency. It feels like an anti-osbourning price too.

 

[NicoV]

Charles Dickens predicted 2020:

“It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it was the season of Darkness, it was the spring of hope, it was the winter of despair, we had everything before us, we had nothing before us, we were all going direct to Heaven, we were all going direct the other way”

Yesterday we drank our last bottle of champagne, let’s hope it won’t take too long before we can replenish our stock.

 

[Krugerrand]

Charles Dickens predicted 2020:

“It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it was the season of Darkness, it was the spring of hope, it was the winter of despair, we had everything before us, we had nothing before us, we were all going direct to Heaven, we were all going direct the other way”

Yesterday we drank our last bottle of champagne, let’s hope it won’t take too long before we can replenish our stock.

Really?! We’re going to start the new year off with poetry?